This week should bring more strong earnings results
Consumers most positive in 13 years
Goldman Sachs expects some stocks to rise by up to 44%
This week should bring more robust Q2 earnings results from various consumer firms. Retailers including Home Depot and Walmart will release their Q2 results...
Share price surges 21% in one day
Market cap increases by $1.2bn
CFO Louden believes Roku has excellent long-term potential
Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight.
In the case of Roku, it appears the market is...
Strong retail sales data could send USD even higher
GBP remains in downtrend
EUR could weaken further against JPY
On Tuesday, the US dollar once again took center stage as it continued its bull run and kept increasing the pressure on other global currencies.
Yesterday it seemed to be more...
New Goldman Sachs CEO wants more women on management committee
Comcast drops out of race to acquire 21st Century Fox
Two new indices announced for ether and bitcoin
More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change.
The company’s current president, David Solomon,...
Buckingham Research Group believes that there’s more room for growth
Currently trading at 57 times expected earnings for 2020
CFRA disagrees with buy rating
Square Inc’s stock price has increased by another 5.5% since it issued its earnings report for Q2 2018 last week. The year-to-date increase now stands...
Stock markets around the world suffer losses
Trump’s new tariffs on Chinese imports blamed
Possible US withdrawal from NATO also contributed
International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO.
On Tuesday,...
Options traders betting on another 9% drop in share price
Total revenue could drop to $5.32bn
Technical indicators pointing to more bad times ahead
Since reaching a high in January, McDonald’s Corp.’s stock price has dropped by well over 10%. Options traders are putting their money on the share...
US Fed announcement largely ignored
US drastically increases tariffs on Chinese imports
Asian markets subsequently report sharp losses
The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far.
What caused Asian markets to plunge sharply on Thursday...
Asian stocks fall from Shanghai to Singapore
Australia’s ASX 200 also drops
Social media stocks suffer in the US
Stock markets in Asia dropped on Monday following a sharp drop in the American tech sector on Friday.
South Korea’s Kospi fell 0.1% to 2,293.92 and the Japanese Nikkei 225 dropped...
